Bajaj Auto Sets June 24 Record Date for ₹5,632 Crore Mega Buyback

Two-wheeler giant Bajaj Auto has officially set June 24 as the record date to determine shareholder eligibility for its largest-ever share buyback. This massive capital allocation move aims to repurchase shares at a significant premium, signaling strong confidence in the company's long-term financial trajectory.

Details of the ₹5,632 Crore Buyback Program

In a recent exchange filing, Bajaj Auto confirmed that the buyback will be conducted through the tender route. The company intends to repurchase up to 46.94 lakh shares, which represents approximately 1.68% of its total paid-up share capital.

The buyback price has been set at ₹12,000 per share. This offers investors a premium of nearly 19.5% over the stock's previous closing price. This mega-buyback follows a previous ₹4,000 crore buyback conducted in 2024, where shares were repurchased at ₹10,000 each, highlighting the company's consistent strategy of returning surplus cash to shareholders.

Robust Financial Performance Driving Capital Returns

The decision to initiate such a large-scale buyback is backed by exceptional quarterly earnings. For the fourth quarter of FY26, Bajaj Auto reported its highest-ever quarterly profit of ₹2,746 crore, marking a substantial 34% jump from the ₹2,049 crore recorded in the same period last year.

Key financial metrics from the March quarter include:

  • Revenue from Operations: Increased 32% YoY to ₹16,006 crore.
  • EBITDA: Rose 36% YoY to ₹3,323 crore.
  • EBITDA Margin: Expanded by 60 basis points to reach 20.8%.

In addition to the buyback, the company has rewarded shareholders with a dividend of ₹150 per share (1,500% of the ₹10 face value) for the financial year ended March 31, 2026. The dividend is expected to be paid on or around July 24, 2026.

Shareholding Pattern and Market Position

As of March 31, 2026, Bajaj Auto maintains a strong institutional and promoter presence. The promoter group holds a 55% stake, while domestic institutions (banks, mutual funds, and insurance companies) hold 14.5%. Foreign investors account for nearly 10%, with the remaining 21% held by the general public and other corporates.

Le marché a réagi positivement à la proposition de valeur à long terme de l'entreprise. Bien que l'action ait connu une légère baisse de 1 % au cours du dernier mois, elle a progressé de 19 % sur l'année écoulée. Pour les investisseurs à long terme, la performance est encore plus frappante, l'action ayant généré des rendements de 117 % sur trois ans et de 142 % sur cinq ans. Actuellement, Bajaj Auto affiche une capitalisation boursière massive dépassant les 2,82 lakh crore ₹.

Points clés

  • Date de référence et prix : La date de référence pour l'éligibilité au rachat est le 24 juin, les actions étant rachetées au prix de 12 000 ₹ par action via la procédure d'offre.
  • Échelle massive : Il s'agit du rachat d'actions le plus important jamais réalisé par Bajaj Auto, d'une valeur de 5 632 crore ₹, ciblant 46,94 lakh d'actions.
  • Des fondamentaux solides : Cette initiative est soutenue par des bénéfices records de 2 746 crore ₹ au quatrième trimestre de l'exercice 2026 (FY26) et une croissance significative du chiffre d'affaires de 32 % en glissement annuel.